The Future of Computing: BBVA’s Distributed Quantum Simulation Breaks New Ground in the Quest for a 100% Functional Quantum Computer

While a fully functional quantum computer is yet to be developed, advancements in the field of computing based on quantum physics are being made. The potential of such computing is immense, with the ability to unravel microbial dark matter, discover new medicinal molecules, analyze genomes, and optimize complex processes in various industries.

Recently, BBVA researchers have achieved a distributed quantum simulation using classical servers and open-source programming, making it accessible to institutions without the need for specialized quantum hardware. This simulation has numerous applications ranging from portfolio optimization to drug discovery and materials research. It does not require a supercomputer or quantum devices, making it cost-effective and scalable. The results can be monitored in real-time, and the algorithm can be run for extended periods without the constraints of traditional quantum computers.

The subatomic world offers unique properties such as superposition, teleportation, superconductivity, and topological order, which can revolutionize computing. While a fault-tolerant quantum computer is still years away, the distributed quantum simulation developed by BBVA researchers bypasses the challenges of coherence time and noise, allowing for the execution of quantum algorithms on classical computers.

This research aligns with efforts by other companies like Fujitsu to accelerate the practical application of quantum computing. By achieving faster processing speeds and minimizing precision loss, these advancements pave the way for real-world quantum computing solutions in various industries. The collaboration between academia, industry, and public institutions will be crucial in harnessing the power of quantum computing for diverse applications.

In conclusion, while we may not have access to a 100% functional quantum computer yet